Qualitative and quantitative researches are 2 methods used for market research. Create a situation that illustrates the difference between both methods. (You can refer to your PT as an example)
Open-book / research question
Which of the following are advantages of marketing research?
Assist businesses in preditcitng what might happen in future
All the answers are correct
Assist in evaluating the success of marketing campaigns
Identify consumer needs and wants
"How many cups of coffee do buy per month?" is a question that can be asked when using _______ of market research
Qualitative method
Quantitative method
Positioning strategy
STP strategy
T/F: Qualitative research is the collection, analysis and interpretation of numerical data or data that can be measured like length, weight & rating for an app
False; quantitative
When conducting a market research for a clothing store, you gather information about age, height and weight. Which type of research you will be using?
Personal
Quantitative
Subjective
Qualitative
How can market research help companies understand their target audience better?
Open-book / research question. Discuss as a group, nominate a presenter.
It is interpreted that Egyptian customers prefer Coca Cola over Pepsi. This interpretation comes from which of the following?
Survey results
Quantitative research
Qualitative research
Group interviews
Surveys are a great tool for quantitative research.
True.
T/F: Information is open to less interpretation in the qualitative research.
False; qualitative information is more subjective and open to debate.
T/F: Average spending per customer is an important indicator which helps marketers in market research..
True
Cost per Click is a marketing research indicator.
True.
T/F: Gathering data whether quantitative or qualitative can be done through Interviews.
True
In which research type information is open to less interpretation_________.
Qualitative
Quantitative
Environmental
Interactive
T/F: Qualitative research based on subjectivity.
True
If researchers distributed papers with questions to analyze customers' preferences. This is considered to be which of the market research methods?
Government publications
Interviews
Surveys or questionnaires
Media articles
State at least 2 methods of marketing research that can be used either for qualitative and quantitative. what are the pros and cons of each?
Research Question - Open Book
Explain product differentiation and the undifferentiated approach? Give examples for both.
Open-Book / Research question. Solve as a group. Choose a presenter.
____________ provides information about industries, customers, competitors, and other market variables
Market Analyses
Surveys
Media articles
Interviews
If you want your business plan to be successful, you will need to carry out a ___________, which forms the basis for developing a marketing strategy and concrete marketing measures.
Interviews
Media articles
Market analysis
Surveys
Marketers tend to use many ways in order to gather data whether quantitative or qualitative. Some examples of those methods are______.
Surveys
Interviews
All the answers are correct
Government publications like the Accountability STate Author
"why do you prefer to eat at home instead of eating a restaurant?" is a questions that can be asked in a_________ research method
Opinionated research method
Qualitative research method
Quantitative research method
Objective research method
How does market research help companies understand the competition and stay ahead in the market?
Open-Book / Research Question. Discuss as a group. Choose a representative speaker.
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